04
Aug
12:28
China's long product export prices continue to fall
Weak overseas demand and lower steel prices have led to the disappearance of China's long product export opportunities.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $595/tonne fob China, down $5/t on-week.
Offers for Chinese alloy-added wire rod fell by $5/t to $595/t fob China, a mill source tells Kallanish. Chinese mills are under pressure to export and have lowered their offers to attract buying. However, construction demand i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous